Foundation Wealth Management LLC PA Lowers Holdings in iShares Russell 2000 Growth ETF $IWO

Foundation Wealth Management LLC PA reduced its stake in shares of iShares Russell 2000 Growth ETF (NYSEARCA:IWO) by 30.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,632 shares of the exchange traded fund’s stock after selling 2,497 shares during the period. Foundation Wealth Management LLC PA’s holdings in iShares Russell 2000 Growth ETF were worth $1,819,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of IWO. Bank of America Corp DE increased its position in iShares Russell 2000 Growth ETF by 2.2% during the second quarter. Bank of America Corp DE now owns 3,933,648 shares of the exchange traded fund’s stock worth $1,124,473,000 after purchasing an additional 84,573 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in iShares Russell 2000 Growth ETF by 1.4% during the third quarter. Envestnet Asset Management Inc. now owns 1,067,852 shares of the exchange traded fund’s stock worth $341,755,000 after purchasing an additional 15,090 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of iShares Russell 2000 Growth ETF by 73.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 975,628 shares of the exchange traded fund’s stock valued at $312,240,000 after purchasing an additional 412,741 shares during the last quarter. Cassaday & Co Wealth Management LLC boosted its holdings in shares of iShares Russell 2000 Growth ETF by 1.1% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 911,147 shares of the exchange traded fund’s stock valued at $291,603,000 after purchasing an additional 10,143 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in shares of iShares Russell 2000 Growth ETF by 2.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 621,484 shares of the exchange traded fund’s stock valued at $198,900,000 after buying an additional 14,460 shares during the period. 74.88% of the stock is owned by institutional investors and hedge funds.

iShares Russell 2000 Growth ETF Stock Down 2.1%

IWO stock opened at $301.02 on Tuesday. The company has a market cap of $11.94 billion, a price-to-earnings ratio of 21.86 and a beta of 1.17. The business has a fifty day simple moving average of $331.30 and a 200-day simple moving average of $328.21. iShares Russell 2000 Growth ETF has a 52 week low of $219.19 and a 52 week high of $355.34.

About iShares Russell 2000 Growth ETF

iShares Russell 2000 Growth ETF (the Fund) is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 2000 Growth Index (the Index). The Index measures the performance of the small-capitalization growth sector of the United States equity market. It is a subset of the Russell 2000 Index, which measures the performance of the small-capitalization sector of the United States equity market.